Managing Decision Making Process

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Managing Decision Making Process

  1. 1. Managing Decision Making Process<br />SharePoint Group<br />AymanAbo Ryan<br />HazemHezza<br />RamyAamer<br />Mohamed Aamer<br />
  2. 2. Agenda<br /><ul><li> Introduction
  3. 3. Information system and decision making
  4. 4. Information management & decision making
  5. 5. Business impact
  6. 6. Types of systems
  7. 7. Future trend</li></li></ul><li>Decision making definition<br />Decision making can be regarded as an outcome of mental processes leading to the selection of a course of action among several alternatives. Every decision making process produces a final choice. The output can be an action or an opinion of choice.<br />
  8. 8. Information management and decision making<br />Information management entails:-<br /><ul><li>Acquiring, Organizing and Maintaining (Data Base,ERP,OLTP)
  9. 9. Retrieving and analysis(OLAP)</li></li></ul><li>Online Analysis Processing(OLAP)<br />
  10. 10. Decision making process<br />
  11. 11. Levels of decision making<br />
  12. 12. Types of decision making<br />
  13. 13. Information requirements of key decision making<br />Broad scope<br />Interactive<br />General<br />Unstructured<br />Focused <br />Specific<br />Scheduled<br />Semi Structured<br />Narrow<br />Specified<br />Detailed<br />Structured<br />
  14. 14. Information requirements of key decision making<br />Strategy<br />Decision support<br />KPIs<br />Management control<br />Demand<br />reports<br />Financial Management<br />Procurement Management<br />ProjectManagement<br />Daily reports<br />Transactions<br />Sales orders<br />Customer service<br />Purchasing<br />Payment<br />Receiving<br />
  15. 15. IT impact on decision making<br />Decrease data redundancy and inconsistency<br />Eliminate low quality of data<br />Decrease data incompatibility<br />Resolve communication problems<br />Serve different integration needs<br />
  16. 16. Types of Systems<br />
  17. 17. System and technology for Business Intelligence<br />
  18. 18. Information quality<br />High quality decisions require high quality information. Seven (7) dimensions should be considered in decision making process:-<br />Accuracy<br />Integrity<br />Consistency<br />Completeness <br /> Validity<br />Timeliness<br />Accessibility<br />

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